Revenue Based Financing for eCommerce and SaaS brands.

Platnim facilitates revenue based financing in South Africa for e-commerce businesses against a fixed fee of 5-8%. Unlike traditional financing options like VCs and Banks, our capital comes without any equity dilution. Repayments are made as a percentage of revenues, and you can raise anywhere between R200,000 to R2Million depending upon your business's performance and requirements.

Here is an example on how revenue based financing works. Let's assume Company A raises R200,000 from Platnim at a 10% fixed fee and 10% revenue share. In this case Company A would keep sharing 10% of its future revenue with Platnim till it pays back a total of R220,000 (R200,000 + 10%*R200,000).

It's that simple! No other interest component, no processing fee. Nothing else. To know more, check out our comprehensive guide on revenue based financing that covers everything related to the topic."

Traditional financing options are broken.

Banks typically provide loans against collateral and seek personal guarantees, have long turnaround time and look for multiple years of profitability. Raising money from VCs is even more time consuming and results in equity dilution which in turn reduces control of your business.

Platnim offers a fast, flexible and non-dilutive alternative source of growth capital that currently doesn't exist in South Africa. With revenue based business loans from Platnim, you can grow your business at your own terms without losing any equity.

We believe that for many businesses, venture capital is not the best way to fund their growth. VCs look for really large markets and an exponential growth trajectory, factors which may not hold true for a vast majority of businesses. Platnim offers a great alternative to founders that are building a healthy, profitable business and at the same want to retain control of their business.

Even for businesses that do raise VC money, we believe equity capital should not be spent on repeatable, ROI linked spends such as digital marketing and working capital. Such businesses can raise revenue based financing via Platnim and significantly reduce dilution by 30-40% in every VC round.

Once you've filled up your online application which takes under 2 minutes, we get back to you within 24 hours. From application submission to the money being raised, the entire process wraps up within 7 days.

Here are some benefits of revenue based financing:

a. Flexible repayment model: With our revenue based repayment model, you pay more when your sales are good and less when the sales are low

b. No hidden charges: Our revenue based business loans are free of any hidden charges. You always know how much you have to pay

c. No equity dilution: Unlike VC funding, with Platnim you retain complete ownership of your business, always

d. Fast and seamless process: Our application process is fully digital. With Platnim, get term sheet within 2 minutes and funding in a week

e.More to offer: Apart from providing revenue based funding you also get access to Platnim insight - a powerful tool for eCommerce businesses to track their key business metrics and hassle free Visa powered Platnim card to enable seamless marketing & online spends

Platnim works on a fixed-fee model ranging from 6-8%. There are no charges beyond this fixed-fee - no other interest or processing fee.

Since repayments are linked to future revenues, variations in future revenues could lead to varied Internal Rate of Return (IRR). In our portfolio, we have brands with 14% IRR and brands with 24% IRR as well. A steep rise in revenues could lead to faster repayment for a brand, leading to a high IRR temporarily. Platnim proactively identifies such cases and offers financing at reduced revenue share or fixed fee thereby bringing down the average IRR.

Platnim offers revenue-based financing at the lowest rates compared to any other revenue-based financier in South Africa.